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Foresight Solar Fund (LSE:FSFL) Total Assets : £699.09 Mil (As of Dec. 2023)


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What is Foresight Solar Fund Total Assets?

Foresight Solar Fund's Total Assets for the quarter that ended in Dec. 2023 was £699.09 Mil.

During the past 12 months, Foresight Solar Fund's average Total Assets Growth Rate was -8.40% per year. During the past 3 years, the average Total Assets Growth Rate was 7.20% per year. During the past 5 years, the average Total Assets Growth Rate was 4.50% per year.

During the past 10 years, Foresight Solar Fund's highest 3-Year average Total Assets Growth Rate was 44.50%. The lowest was 2.70%. And the median was 7.60%.

Total Assets is connected with ROA %. Foresight Solar Fund's annualized ROA % for the quarter that ended in Dec. 2023 was 2.68%. Total Assets is also linked to Revenue through Asset Turnover. Foresight Solar Fund's Asset Turnover for the quarter that ended in Dec. 2023 was 0.01.


Foresight Solar Fund Total Assets Historical Data

The historical data trend for Foresight Solar Fund's Total Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Foresight Solar Fund Total Assets Chart

Foresight Solar Fund Annual Data
Trend Jun14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 629.93 582.57 660.44 772.00 699.09

Foresight Solar Fund Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 660.44 755.39 772.00 727.22 699.09

Foresight Solar Fund Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Foresight Solar Fund's Total Assets for the fiscal year that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (A: Dec. 2023 )+Total Liabilities (A: Dec. 2023 )
=697.889+1.197
=699.09

Foresight Solar Fund's Total Assets for the quarter that ended in Dec. 2023 is calculated as

Total Assets=Total Equity (Q: Dec. 2023 )+Total Liabilities (Q: Dec. 2023 )
=697.889+1.197
=699.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Foresight Solar Fund  (LSE:FSFL) Total Assets Explanation

Total Assets is connected with ROA %.

Foresight Solar Fund's annualized ROA % for the quarter that ended in Dec. 2023 is

ROA %=Net Income (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=19.14/( (727.216+699.086)/ 2 )
=19.14/713.151
=2.68 %

Note: The Net Income data used here is two times the semi-annual (Dec. 2023) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Foresight Solar Fund's Asset Turnover for the quarter that ended in Dec. 2023 is

Asset Turnover
=Revenue (Q: Dec. 2023 )/( (Total Assets (Q: Jun. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=10.225/( (727.216+699.086)/ 2 )
=10.225/713.151
=0.01

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Foresight Solar Fund Total Assets Related Terms

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Foresight Solar Fund (LSE:FSFL) Business Description

Traded in Other Exchanges
Address
The Shard, 32 London Bridge Street, London, JEY, SE1 9SG
Foresight Solar Fund Ltd is a closed-ended company. Its objective is to provide investors with a sustainable, progressive quarterly dividend and enhanced capital value, through investment in ground-based solar assets predominantly located in the UK. The company makes its investments through intermediate holding companies and underlying Project Vehicles/Special Purpose Vehicles (SPVs). It will pursue its investment objective by acquiring ground-based, operational solar power plants predominantly located in the UK.

Foresight Solar Fund (LSE:FSFL) Headlines

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